TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 08 DECEMBER 2021

 

Asia Pacific stocks were mostly up on Wednesday morning. The Shanghai composite is up 0.86% at 3,626.11. Overall, the Singapore MSCI down 0.04% at 344.70. Over in Hong Kong, the Hang Seng Index down 0.26% at 23,951.00. In Japan, the Nikkei 225 up 1.54% at 28,893.22, while the Topix index is up 0.98% at 2006.5. South Korea’s Kospi up 0.78% to 3015.15. Australia S&P/ASX 200 up 1.66% at 7435.3.

European equities Tuesday closing. The DAX futures contract in Germany traded up 2.82% at 15813.94, CAC 40 futures up 2.91% at 7065.40 and the UK 100 futures contract in the U.K. up 1.49% at 7,339.91.

In U.S. on Wall Street, the Dow Jones Industrial Average closed up 1.40% at 35719.44. The S&P 500 up 2.07% at 4686.76 and the Nasdaq 100 up 3.03% at 16325.66, NYSE closes up 1.58% at 16853.57.

In the Forex market, GBPUSD up 0.11% at 1.3257. The USDJPY down 0.02% at 113.51. The USDCHF down 0.15% at 0.92352. EURUSD up 0.21% at 1.12906, EUR/GBP up 0.16% at 0.8516. The USD/CNY down 0.18% at 6.3540 at the time of writing.

In the commodity market U.S. Gold futures up 0.26% at $1,788.14. Elsewhere, Silver futures up 0.03% to $22.483 per ounce, Platinum up 1.05% at $962.53 per ounce, and Palladium up 0.30% at $1856.50.

Crude Oil up on Wednesday; Brent crude oil up 0.27% at $75.32 per barrel while U.S. West Texas Intermediate (CLc1) is up 2.52% at $71.19.

In the Cryptocurrency Markets, Bitcoin at 50339.91 down 0.57%, Ethereum up 0.10% at 4316.57, Litecoin at 160.19 down 1.22%, at the time of writing.

TOP STOCKS TO WATCH OUT TODAY:

Fortinet Inc. up 8.629% at $317.24, NVIDIA Corp. up 7.957% at $324.27, Autozone Inc. up 7.637% to $2,023.57, Comcast Corp. down 5.291% to $49.58, Western Union Co. down 2.913% to $17.33, Merck & Co Inc. down 1.553% at $72.28.